As a newer squonker/vaper, I'll offer my .02.
I love the look of the REO mods, and the durability has been attested to many times over...
That said there are a couple things that keep me away.
For the price of a REO, I can get a custom billet aluminum box, with the ability to hold the newer, longer lasting, more powerful batteries available, like the 20700, or 21700 series batteries. Not only that, but with a DNA chip or Yihi chip to boot...
It's tough to put my money up for tech that is over 3 years old, and lacking the power of cheaper, easily repaired similar mods I could buy 3 of.
I WANT to support a company that made squonking a thing, but I need to see some degree of advancement in the tech offered, or something that takes innovation in mech squonking to the next level...
As of yet, I haven't seen it.
Nor do I know what form a new mech squonker could take.
My suggestion would be to seek a new path, in addition to the old one. Try making a regulated squonker unlike any currently available. I don't think DNA chips are at all reasonably priced, but perhaps the patent on the FSK chip could be bought at a reasonable cost? I know I, for one, would buy such a device with a quickness. For an older, proven chip, it certainly has staying power, and the cost must be considerably less than buying from a third party, or even an OEM manufacturer...
But perhaps that's just a pipedream...
/my .02